Cango Invited to China Automobile Dealers Association’s 2021 Financing Trend Analysis Meeting for Auto Dealer Groups

On April 22nd, the 2021 China Auto Dealers' Conference City Forum and concurrently Financing Trend Analysis Meeting for Auto Dealer Groups were successfully held at the site of Guangdong Materials Group Automobile Trading Company. More than one hundred executives from auto dealer groups and managers from financial institutions and financial technology companies gathered in the City of Flowers to discuss future financing trends, analyze prospects for automobile consumption and work together to seek breakthroughs in industry innovation.   

Sponsored by China Automobile Dealers Association, this meeting was co-hosted by Guangdong Materials Group Automobile Trading Company, Cango Group, Ping An Bank, Fadada and CUP. Lively and in-depth discussions were held at the meeting, and profound insights were offered into the current development of the auto financing industry and companies. 

Mr. Ma Shen, Director of 4S Channels at Cango Group, attended the meeting and delivered a keynote speech. In the speech, Mr. Ma shared how Cango is enabling the financial business of dealer groups under the new environment and executing strict risk control and compliance while digging deep into the financial scene and customer needs. Mr. Ma also introduced some impressive numbers, for example, Cango is currently working with close to 50,000 dealers spread across 350 cities, 848 districts, 361 county-level cities and 1,211 counties, covering 30% of new car dealers nationwide and 20% of luxury brand 4S stores.